Strategic IT to Spend Less

High utilization does not always translate into higher ROI; your cloud resources are likely costing more based on changing AWS plans and your own changing requirements.

RI Utilization Period 1

RI Utilization Period 2

At first glance, RI Utilization Period 1 seems to be better with consistently high utilization. In fact, RI Utilization Period 2 provides significant dollar savings. Cloudwiry maximizes discounts with AI-driven machine learning.

RI Utilization Period 1

Net loss: $158K without Cloudwiry

RI Utilization Period 2

Net savings: $181K with Cloudwiry

3 Ways to Save

Cloudwiry finds money using Convertible RIs in several ways to provide actionable recommendations

Right-size inefficiencies

  • Compute – Amazon Elastic Compute Cloud (EC2)
  • Storage – Amazon Elastic Block Store (EBS)
  • Storage lifecycle policies
  • Relational database services (RDS)/DB

Eliminate waste

  • Unused or stopped instances
  • Idle non-production instances
  • Soft instances
  • Unattached volumes
  • Unattached elastic IP addresses (EIP)
  • Relational database services (RDS), DynamoDB tables, elastic cache
  • Non-production asset uptime

Maximize ROI

  • RI investment
  • New cloud offerings to always have the best, most appropriate technologies
  • Dedicated host utilization
  • Custom automation
  • Spot adoption
  • Instance consolidation
  • Database consolidation
  • Database high-availability

See exactly how companies find money in Getting the most out of Convertible Reserved Instances.

Convertible RI Management — Results

Cloudwiry actionable recommendations have identified savings at numerous companies. The following results are from case studies of companies where Cloudwiry manages Convertible RIs.

ESW Group

  • 33% ROI increase after adopting Cloudwiry (previously used internal tool)
  • $400k run-rate reduction

ShipStation

  • 28.6% ROI increase after adopting Cloudwiry (previously used another top Cloud Management Tool)
  • $440k additional savings recouped in 4 months
  • $734k run-rate reduction
  • 19% reduction in contract commitment

The below examples summarize other savings identified by the Cloudwiry team at numerous companies using the Cloudwiry platform:

Savings Customer Spend per Year Action
$5M $10M aggressive right-sizing and instance consolidation
1.85M $8.52M 80% Convertible RI adoption and daily exchanges
1.45M $4.48M storage optimization and RI purchase
$648k $3.82M exchanging existing Convertible RI
$624k $2.91M Convertible RI purchase and right-sizing

See how Cloudwiry Customized and Curated Automation saves customers stress, time, and dollars. Platinum Support might not be necessary, but it provides the gift of time and peace of mind.